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    5811 Lee Hwy Chattanooga, TN 37421

    Source: https://svn.com
    For Sale
    $3,250,000

    Central Office Park For Sale

    Property size:
    19,000 SF

    Description

    Added:
    May 16, 2025
    Days on Market:
    213
    Presenting 5811 Lee Hwy, a high-performing investment property ideal for investors seeking both stable returns and room for capital growth. Situated in a thriving and highly accessible location, this property presents immediate income with opportunities for further value capitalization and improvements.

    Location Description
    The space enjoys a prominent position along the bustling Lee Highway, which is one of Chattanooga's major commercial corridors. The property benefits from convenient transportation options. It is situated near major roadways, including Interstate 75 and 24, ensuring easy access for both employees and clients. The property is located in an established neighborhood, known for its commercial activity, growing business hub and ample parking.

    Property Features for 5811 Lee Hwy

    General Information

    Property type
    Business parks
    Square Feet
    19,000 SF
    Price / Square Foot
    $171
    Class
    B
    Elevators
    N/A

    Building Details

    Year Built
    1961
    Stories
    1
    Units
    17

    HighLights

    • 19,000 SF building with 17 units - Zoned C2 for versatile commercial use - Located in the vibrant Chattanooga area - Ideal for office or office building investors - Spacious and well‑maintained interior spaces - Ample parking for tenants and visitors - Convenient access to major transportation routes
    Insight Report Location Intelligence

    Current Use by Public Records

    Vision Coordination Services ... Social Services Organization Inspire Hair and Beauty Beauty Salon Shelter Insurance - Bobby ... Insurance Agency Reign Studio Hair Extension Technician The Hendrickson Agency - Farmers ... Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    State
    Tennessee
    Longitude
    -85.2023708
    Latitude
    35.0199052

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    FAQs

    What type of property is this?
    Business park - Central Office Park For Sale
    Where is this business park located?
    The property is located at 5811 Lee Hwy Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: - 19,000 SF building with 17 units - Zoned C2 for versatile commercial use - Located in the vibrant Chattanooga area - Ideal for office or office building investors - Spacious and well-maintained interior spaces - Ample parking for tenants and visitors - Convenient access to major transportation routes
    (770) 335-2672
    Request Owner's contact information
    5811 Lee Hwy Chattanooga, TN 37421
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    Chattanooga, TN 37421
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5811 Lee Hwy Chattanooga, TN 37421
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